There Is A Quest For Clarity Surrounding Wave Life Sciences Ltd (NASDAQ: WVE) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Biotechnology industry segment, falling under the Healthcare sector. The current market capitalization of Wave Life Sciences Ltd is $1.78B. A total of 0.75 million shares were traded on the day, compared to an average of 1.12M shares.

In the most recent transaction, BOLNO PAUL sold 50,000 shares of WVE for 15.00 per share on Nov 25 ’24. After the transaction, the President and CEO now owns 217,351 company shares. In a previous transaction on Nov 25 ’24, PAUL BOLNO bought 50,000 shares at 15.00 per share.

Among the insiders who sold shares, BOLNO PAUL disposed of 51,234 shares on Nov 15 ’24 at a per-share price of $14.32. This resulted in the President and CEO holding 217,351 shares of WVE after the transaction. In another insider transaction, PAUL BOLNO bought 51,234 shares at $14.32 per share on Nov 15 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, WVE has a high of $16.74 and a low of $3.50.

As of this writing, WVE has an earnings estimate of -$0.24 per share for the current quarter. EPS was calculated based on a consensus of 7.0 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.4.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. WVE’s latest balance sheet shows that the firm has $150.56M in Cash & Short Term Investments as of fiscal 2021. There were $29.92M in debt and $64.20M in liabilities at the time. Its Book Value Per Share was $0.95, while its Total Shareholder’s Equity was $32.50M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WVE is Buy with a score of 4.78.

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